GBPUSD - D - Movement Prediction and forecast idea in medium term. level to Buy in zone.
At a strong Order Block. Patiently waiting for the New York session for my entries.
1, Don't break pre-low and head back up 2, Break pre-low to create a divergence from MACD -4H , then head back up
Preferred direction: SELL Comment: The short trading idea for the British pound, published last week, has also been working out perfectly and is already at a breaking point. In the very near future, local lows will be updated and against the background this will most likely be a short-term downward impulse. Thank you for like and share your views!
heloo guys gbpusd in my idea is sell stop loss on this order very small trade and enjoy it this structure setup by my strategy please support me by like and comment
GBPUSD Analyze Generally price at the sensitive zone 1.2538 - 1.2470 If can price can stable above 1.2502 the direction will be uptrend again to reach 1.2584, 1.2657 , 1.2743 For any reasons if the price back off and stable under 1.2502, the price will try to reach 1.2470 If can break it then will reach 1.2413 and 1.2336 Support line: 1.2413 , 1.2336,...
✔️GBPUSD is expected to rise ✔️Recommended to consider buying from the balance and premium level 1.2460 & 1.2435 Zone ⚠️Buy the dips!!!
Pound was making lower highs and lower lows. Previously GBP rejected from the Resistance x3 times and continue pushing down. Scenarios: 1- Retest the recent Resistance and continue pushing down towards the zone. Also break the zone the form the next lower low to respect the trend. 2- Buying above the top Resistance or Reversal in Trend. Note: Trade...
Top down analysis on GBPUSD, you have to understand the 3 Ws where price is coming from and what led price to react that, what phase price is currently in and where would be the smartest institutional move of where price is heading too by stacking up confluences
"I've initiated a sell position on GBPUSD with TP1 and my initial SL set at the same distance. This reflects my bearish outlook due to limited buying interest in GBP."
Looking for a short on GBPUSD, price tap into the 1Hour FVG setting u for shorts.
Cable pulls back to key resistance Cable (GBP/USD) has been staircasing lower since mid-July and carving out a powerful downtrend on the 4hr candle chart (below). A key characteristic of this downtrend has been repeated moves down into the lower Keltner channel followed by pullbacks to the 20-day exponential moving average (EMA). Recent price action has seen...
Extended TP to target a weekly buyers area Looking to add in NY session if some consolidation occurs before the break of the extreme
I anticipate a consolidation and a move down on the ongoing gold sell. If this occurs, I will look to add another 0.5% and reduce my SLs on existing positions.
i saw the clear shift of market from bearish to bullish
Looking for lower prices on the cable, full target is sitting at 1.23700 with my first take profit (and area I move to break even) at 1.24450
The price is going to a major level of ressistance to a previous high. It also will find ressistance to a monthly down trendline. If we see a red candle next month it could possibly mean that we have a double top and we will see price moving down. It could be a good entry point for 1:5 RR (100-150 pips SL and 500 TP). Let's wait to find out!
Looking at the GBPUSD, with employment numbers not very strong and GDP tomorrow expected to be in the negative territory Resumption of strength on the DX could drive the GBPUSD lower toward the support level of 1.2390